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tv   News  RT  February 13, 2018 4:00pm-4:30pm EST

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legislation she's talking about benefits big business not the little guy and that's this this whole thing in west virginia as they keep pushing this like well if we could just get coal back because you know black lung hasn't been popular in the last couple of decades you know it was a bill that they were trying to vote on that sparked all this so this was a bill forty two sixty eight so what it what it says is that a majority of seventy five percent of the owners who of shares of a single piece of property could determine whether the property could develop for asked for oil or gas extraction so it amuses someone might have sold or at least off their mineral rights and they own like one percentage or seven eighths of a share which if you have minerals underneath their land that could be a huge amount of money to a farmer someone who owns land the problem was before if that person with even the tiniest share said no you couldn't do it now what they're saying is we don't care about what that minority person who may be living on that land if the corporation owns a bigger portion they essentially get eminent domain and they control sideways into
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someone's land even if they decide they won't let it about way so it's a pretty ugly piece of legislation that was written by the gas lobby that is for the oil and gas lobby and guess who gives the most of their money bingo. marks to west virginia lawyer who specializes in real estate people regarding things like oil coal oil and natural gas wrote about the west. virginia virginia give sort of i was just sort of life away last year it would she claim that lists lucas was ill for that she warns against exploitation of the servitude of the bill billy classes she literally calls them the hillbilly classes and you wonder why people think you're in the pockets of big business when you sit and call the poorest people which you know the areas around mining operations tend to be the poorest people not hillbillies those are. try and keep up the theme of the good
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fight lisa keep up the good bye that i don't think house all right what it was we go to break watchers don't forget to let us know what you think of the topic your coverage of facebook and twitter see our poll shows that r t v dot com coming up sean stone looks at the future of cryptocurrency in the stock market with the publisher of the trends journal gerald celeb day and then we've got rabbit snowflakes and black berries coming your way no it's not a break it's a lose for a state to be watching the hawks. tens of billions hundreds of billions probably a trillion dollars of u.s. government subsidies a shot on the energy industry yes government can subsidize mining of big brother come to currencies and put those into while it's called american citizens going to each have an automatic while at times in the social security account and they can get
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a daily and weekly or monthly airdrop tripped up points that they can then years to boost economy with the government and as they did that. apply for many flips over the years so i know the game inside guides. football isn't only about what happens on the pitch for the final school it's about the passion from the families it's the age of the super money kill the narrowness and spend each year to twenty million one player. it's an experience like nothing else not to because i want to share what i think what i know about the beautiful guy great so will more chance with. the thinks he's going to. i. think. yes most lose in
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a nice but smelly thing. to sneeze at the stadium for both of them which is this mission of the new forces are. off. limits this all up until just almost trial a group of people don't play i promise to gather some are some are serious.
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no matter how you look at it the last year has been a roller coaster of a ride for the american economy the dow jones read wall street records with an unprecedented rally before it lost a shocking ten percent and a blink of an eye bitcoin made many a clueless millennial a millionaire overnight before crashing down to earth just as rapidly the partisan media is at war over whether the economy is booming or not all while struggling families wonder what planet their cable news producers are living on all of this is to say it's been quite a turbulent year and nobody really knows what's coming next but one man is literally paid to figure out exactly what's coming max and that's gerald flint a professor publisher of trends journal down sat down with gerald to get his take
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on the trump economy. twenty seven team did see a boom in the stock markets the dow that was called off a little bit these past few weeks but how much of the overall stock surge can we associate with trump you could like you could associate a lot of it with trump since he got elected because think of the things that he promised wall street i'm going to get rules regulations that hold your bags of i give you free rein and i'm going to cut the taxes so you're going to get more money and that was the initiative to drive the stocks up and he said he would cut the taxes within a year and he did and he said you know what you repatriate that money you got overseas. so let's go back to when george bush did that in two thousand and four the money didn't go into capital expenditures it when it's a stock buybacks when you look at the whole stock market boom.
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it's cheap money they did it everybody knows it they denied in the beginning by the way you know they tracking trends is an understanding of where we are how we got here and where we're going so when i believe that the market's really going to crash in two thousand and twelve i looked at how we got here so they didn't teach me in economics one hundred one about zero interest rates negative interest rates and quantitative easing these cats just made this stuff up and all they did was juice the markets so trump is giving them a tax break hey how about those corporate earnings haven't been so bad have they why do they need a tax break they didn't put that money into corporate earnings back into capital development it went into stock buybacks that's what's been driving the market's up and the fear that interest rates may go up and the cheap money flow may stop is
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what's bringing the markets down now. do you think there were basically you mentioned past crashes and it's from the two thousand seven eight time period you know led to the great recession do you think that we're now out of the great recession the people aren't out of the great recession the what seventy eight percent of the people living paycheck to paycheck three people who are the united states have more dough than sixty percent combined median household incomes below nine hundred ninety nine levels the gap between the rich of the poor is the widest in the united states than any of the industrialized nations so yes we're out of the recession in terms of yes there's g.d.p. growth yes the markets are going up yes there are more people employed but where they employed it's not the united states of america it's slave led to get. so when
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they talk for instance that the last time you know what brought the market down was wages went up and wages went up to take a look at the numbers wages only went up for about twenty percent of the working population the managerial levels that's what skewed it eighty percent of the people is still making the lousy wages they were making before so that's what it is so yes the economy is in much better shape now than it was from the panic of zero eight people yes they have debt the credit card debt sit all time high but they don't have those subprime mortgages now instead they have those a subprime kabul which is rather the house mortgages but they're not as big as the so did they get consummate on the whole is in much better shape than it was back then but not all boats ride side and so when you mentioned before how when bush was
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treated money from the corporations that was put into stock buybacks you would expect that would trump is done basically with this corporate tax break will bring money back but rather than being in invested in the companies themselves and into the workers workers in the technology to be more invested at this into the stock sort of what's really over at the economy and create other crash it will put more money back into the stock market standing capital development it to get go by history again it's not as though corporate earnings have been so terrible they've been very good so why did he have to give them a tax break. so true trumps trade policies are much different than you know that will bring jobs back if you bring back manufacturing you know but we're a service sector economy and you look at the jobs i mean you know hospitality sector you me being a bought tender at a waitress and making beds in a hotel not that i'm demeaning that but those are the jobs that are available they put fancy name on it so the thing to do is to when you want to see where the
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economy is going it truly is the trump economy look at trump's track record as a businessman and about those of bankruptcies over there that linux. but he makes things happen on another end so that's are you going to see you're going to see a lot of ups and downs at the end of last year the trends journal we forecast a ten percent market correction in two thousand and eighteen it's down ten percent and may go this is the end of the trump economic rally as far as the stock markets go we believe we're at the peak and there's a what nobody can predict the future there are too many wild cards in life absent the wild card we can go back to maybe of a bear market we're in a correction now the market's up over six thousand points since trump got
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elected so it has a ways to go down before it crashes so because when you're looking at the global economy and you see the numbers coming out of the i.m.f. the positive hey take a look at that trade data that just came out of china last week all there ever there are terrible debt yes no kidding everybody is but look at the trade numbers exports increased you know levon percent imports increased. twenty something percent so the people are buying so the global economy is in much better shape than he used to big. but again going back to the markets the markets are overvalued they are over leveraged the price earning ratios in the markets today are near the historic high and in the tech sector the way of budget so yes it is going to be a correction it's way over built it's going to come down and what are the signals
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that you look for in particular before an economy let's say or the market or what not it's going to start collapsing is a key signal that no one seems to be looking at in this is it when gold prices shine the markets will go red look what happened over the last week when the markets were going down poof gold was moving down to. if the markets are really in trouble gold is the ultimate safe haven asset that they would have skyrocketed and gold can't break over fourteen hundred dollars an ounce and our forecast is that gold has to go over fourteen fifty an ounce solidify around forty fifty forty nine hundred sixty and then it's going to take a big coin bounce this thing's going to go to two thousand plus watch gold and gold is the ultimate safe haven asset so with these markets are going to go down go back
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to see what happened the last time gold prices spiked and they haven't spiked gold is the one to watch that they're not watching right you mentioned big coin obviously that's an interesting side of things cryptocurrency many people are excited about the currency is the new tech bubble basically of the late ninety's you know early two thousand do you think there could be a currency can prove to be more so you know as basically as stable as the internet has proved as far as you know with a bubble that burst big has burst a little bit it may burst more but the point is do you think that overall cryptocurrency is here to stay yes i do. go back to bitcoin what were the prices of bitcoin down government interference china south korea the banks now in the united states you can't buy it because you can't buy a crypto as with the credit cards the number of banks it's regulations it's going to bring it down but the important thing is crypto z here to stay as well as the
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block chain technology that everyone's fall in love with that's really a whole new way it's a whole new accounting system and so many ways so this is the twenty first century now let's go to china. you go to china end up paying for cash or credit cards you're putting your wrap up there the world is going cashless people aren't attached to a coin of the realm we're talking about the markets being over that al you'd over leveraged which they just passed that another. you know what we're going to get the government going to put is deeper in debt just hundreds of trillions of dollars in global debt and people that are awake don't want to invest in their see currencies you want to own these digital currencies aren't worth anything oh you mean those digital dollars printed on nothing is backed by nothing worth more you got a clown out there shooting their mouth off about
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a digital currency when you've got all these digital nothing you want is euros and dollars so yes stay here to stay but the ones that we're focusing on particularly are the ones that have an action of purpose a product of a service behind them going back to block chain. transactions a dog like that you could what health care you name the industry they're all going into it it's it's verifying solidifying processes in a way we've never seen it's the twenty first century and so too is digital currency is. having a severe allergy is no laughing matter i know even when it's used as a joke by magical talking rabbits or at least some parents seem to think so the new children's movie reboot peter rabbit based on the classic book by beatrix potter includes a bunny hating tom a cracker mcgregor is allergic to black berries at one point the rabbit shoot
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blackberries into the villain's mouth he chokes and must use an epi pen to save him from an awful act that shock this is when parents of children with allergies felt a trigger warning should have been added a trigger warning because they felt that the scene specifically shamed kids with our g.'s the worst part sony is apologizing for being insensitive to people with allergies no word on whether the talking bunny lead will apologize as well but i can. sir my concern is that at this right the list of trigger warnings for your average children's movies will be longer than the movies themselves trying some group fairy tales sometimes and still trigger warnings that go to our other realistic fairy tales read a little the baghdad of the bunny is the one who killed peter robinson yes right that's right there are only a week or two that are grow are pretty those are over the day remember everyone in this world we're not told we're loved so i tell you all i love you i roll over the
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drug the top of the people watch your bills walks right. seem wrong. well just don't call. me. yet to shape out these days comes out to. and in detroit equals betrayal. when so many find themselves worlds apart we choose to look for common ground.
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in america a college degree requires a great deal. paying a decades long dead. studying so hard it requires front if he's going through humiliation to enter an elite society. and parching to death sometimes quite literally. wants of the true colors of universities in the us. you know. i am. one. of the.
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starts international breaking news a double blow that in the space of a week for wiki leaks co-founder julian assange as he of cake or the last hour or so held his arrest warrant for the second time. the court the head. we have to in the blue suit interview with us the head of the court of arbitration for sport tries to defend the olympic committee's decision to exclude russian athletes which the court itself had already cleared of doping allegations the fact that the unable to feel the guilt of an athlete. has nothing to do with the kids. into this afternoon a preliminary investigation indicating that frozen speed sensors may have caused
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the crash of the passenger jet near moscow on sunday killing all seventy one on board it's based on data readings taken from the plane's two black boxes. the news hour kevin with you here darted to nationalise just turned seven in the evening moscow time thanks tuning in to us now we're going to start with our breaking news from london and britain's top court has upheld in the last hour or so the arrest warrant for wiki leaks co-founder julian the sanj he's wanted for skipping bail in the country it's the second time in a week that assange just lawyers have been in court to appeal against the warrant but again bad news for him to said churkin it could produce a feed from outside the court in london. give us more details of what was said in court than. will come in you know despite any high expectations that julian the sanchez legal team and his supporters have been gathering outside this court room
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might have out it looks like the status quo for his case remains and he's not quite close to being able to leave the ecuadorian. embassy in london as he might have hoped now this latest ruling was focused of course on the potential of the arrest warrant against him being being lifted and last week we saw his legal team argue that it's time to lift that because the swedish investigation against him has long been dropped the judge said no to that more arguments were presented we could go in today the judge ruled on some of the arguments that the legal team had presented and basically up held that the arrest warrant that was put against him by british officials here in london is going to remain which would have been the final legal hurdle for him to be able to walk out of the embassy now this has not happened it seems that the judge inside this courtroom behind me seems to think that julian assange is just fine the way he is given the fact that he's been inside that
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embassy for over five and a half years now some of the arguments that she talked about war that his defense team has said that his actions to go inside the ecuadorian embassy were reasonable however the judge believes that sweden would not have extradited him to the u.s. because this would have created a diplomatic scandal then she also talked about the united nations ruling of course that had found that his detention was arbitrary however the judge here seems to think that this detention is self-imposed that julie no sunshine as she said gets visitors he can eat what he wants he's free to leave any time he wants she said he's free to go out onto the balcony where he has seen has been seen several times of the ecuadorian embassy to this julian assange has tweeted that he's only been out there. about six times under heavy security so that's not really a reason also the judge argued that his health condition is not as bad as it could be saying that's not a reason to consider lifting the arrest warrant and that any kind of punishment
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that his team presented as already having been excessive is also not a good enough. friesan the judge here said she believes that julian assange just like everybody else is not above the law he should have presented have some to it's himself to the case and that he cannot just impose his own terms of justice so the judge here in london was not convinced which means that now it's back to the working table for a sangean has a defense team to see what else there is they can do to try to either appeal this decision or come up with any new moves in order to move this case forward live in london outside westminster magistrate's court on assisted churkin and face the update there the twists and turns continue then we'll continue to follow the. next day for the winter olympics but happy news for russia it too is added to its medal tally to bronze the santa skiing currently russian athletes been on the podium in four events winning four bronze and a silver more medal despite
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a reduced number of competitors from russia of course following decisions by both international and to committee on the court of arbitration for sport over doping allegations. in twenty eight cases the evidence collected was found to be insufficient to establish that's an anti-doping rule violation it was committed concerned because of the decision is extremely disappointing. the decision shows the urgent need. for reform. in the internal structure of costs today the division of the court of arbitration for sport dismissed the application filed by thirty two russian athletes against the international olympic committee applicants did not demonstrates that the manner in which two special commission system study leashed by the i.o.c. was carried out in a discriminatory arbitrary or unfair manner c.s.
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overturned the lifetime bans for twenty eight russian athletes at the start of february but then did the sudden u. turn saying it actually supported the i.o.c. decision not to allow the athletes to compete in the winter games a correspondingly put trend has been speaking exclusively with the secretary general of serious now hard hitting interviews part of it to find out more about the conflicting decisions. after the court of arbitration for sport said no to forty seven russian athletes and coaches just as the winter games were getting underway perhaps the number one conclusion that came up on some people's mind was that presumption of innocence doesn't apply to the russian doping scandal well the cast secretary-general didn't literally say that the key law principle didn't work for cas but see for yourself how much it applied to the russians the fact that the unable to show the guilt of an athlete mean that it has nothing to do other with
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the case is totally innocence this is a logical consequence and this is nothing bad about it. mr reeve maintains that leaving the group of clean russian athletes on paper out of the winter olympics isn't a sanction also i found out that the refusal of the i.o.c. to get the dozens of russian athletes on board the olympics in some cases was a result of pure suspicion and other cases it was a result of some real evidence which however mr reeve hasn't seen after all he wasn't a member of the panel but the secretary general promised that this evidence will soon be published so let's wait for now let's have a look at the other highlights of my exclusive interview a cas has been shown something as a people here there was no review of every the sochi case was not discussed here
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the metro report was last discussed here it's only the review of the process so it was not just sanctions it was an eligibility issue i understand the reaction of the public in russia because it doesn't seem logical exactly the russian side doesn't see the logic here how is stripping a person of the right to compete at the olympics not a sanction this is. a special procedure because the created a special commission so the cast panel here reviewed these criteria and said they were fair please let me get this straight the saatchi case and the chang case you're saying that there are absolutely no contradictions between the two decisions yes the fact that you cannot establish the give evidence of the. doesn't mean that you have established the innocence of the athlete you see what i mean i'm sorry but i thought that was the exact job of cas to determine whether that suspicion is
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enough for that kind of bad maybe that there are suspicions which are not. confirmed by sufficient evidence i don't know if i'm clear because it's a little bit skopec ated that is you can have some elements which show some. suspicious actions by the athletes but they may not be sufficient to convince the panel that for sure this athlete is guilty of an anti-doping rule violation but it doesn't mean that the that he did nothing at all there may be some. some strange actions which could lead to some suspicion so you are saying there can be more transparency it's possible it's possible yes as you heard a couple of minutes ago when you cast initially overturned the i.o.c. bans of the sochi athletes the international olympic committee was very critical of the court thomas back demanded reforms and i asked the secretary general if anyone returned to these ideas after the final decision of the russian athletes was made
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and the answer was no so it turns out when the court of arbitration for sport came up with a verdict that fully satisfied the i.o.c. nobody wants to reform cas any more well it's a hard hitting interview coming up tomorrow you can see the full version of the interview with the cast secretary-general and earlier throughout the day various times wednesday here on this channel. let's go back to our breaking news for the but afternoon for the wiki leaks co-founder julian assange british court upheld the arrest warrant for him and let's discuss this now with patrick henningsen executive editor for the first century was called gosh grown for well my old city plymouth i believe that's where you are today by the looks of it i think to ruin there we wanted to talk about that though we had to talk about julie the sunshine about afternoon for him but it was expected was in it. yes it was.

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